Ethan Allen Interiors (NYSE:ETD) Issues Earnings Results

Ethan Allen Interiors (NYSE:ETD - Get Free Report) posted its quarterly earnings data on Monday. The company reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.45 by ($0.07), Zacks reports. The company had revenue of $142.70 million for the quarter, compared to analysts' expectations of $146.85 million. Ethan Allen Interiors had a net margin of 9.76% and a return on equity of 12.62%. The business's quarterly revenue was down 2.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.48 EPS.

Ethan Allen Interiors Stock Down 0.8 %

NYSE:ETD traded down $0.20 on Friday, hitting $26.09. The stock had a trading volume of 414,164 shares, compared to its average volume of 262,450. The stock has a market cap of $663.47 million, a price-to-earnings ratio of 10.96 and a beta of 1.20. Ethan Allen Interiors has a 1-year low of $24.55 and a 1-year high of $35.62. The company has a fifty day moving average price of $27.23 and a two-hundred day moving average price of $28.48.

Ethan Allen Interiors Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 29th. Shareholders of record on Thursday, May 15th will be given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 5.98%. The ex-dividend date of this dividend is Thursday, May 15th. Ethan Allen Interiors's dividend payout ratio is presently 65.55%.

Wall Street Analysts Forecast Growth

ETD has been the subject of several research analyst reports. Argus reiterated a "hold" rating on shares of Ethan Allen Interiors in a report on Monday, January 13th. Telsey Advisory Group restated a "market perform" rating on shares of Ethan Allen Interiors in a report on Tuesday.

Insider Buying and Selling

In related news, CEO M Farooq Kathwari sold 10,000 shares of the business's stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $29.27, for a total transaction of $292,700.00. Following the sale, the chief executive officer now owns 1,641,905 shares of the company's stock, valued at approximately $48,058,559.35. The trade was a 0.61 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders have sold a total of 30,000 shares of company stock valued at $822,800 in the last ninety days. Company insiders own 10.48% of the company's stock.

Ethan Allen Interiors Company Profile

Ethan Allen Interiors Inc operates as an interior design company, and manufacturer and retailer of home furnishings in the United States, Mexico, Honduras, and Canada. The company operates in two segments, Wholesale and Retail. Its products include case goods items, such as beds, dressers, armoires, tables, chairs, buffets, entertainment units, home office furniture, and wooden accents; upholstery comprising fabric-covered items, such as sleepers, recliners and other motion furniture, chairs, ottomans, custom pillows, sofas, loveseats, cut fabrics, and leather; and home accent items consisting of window treatments and drapery hardware, wall decors, florals, lighting, clocks, mattresses, bedspreads, throws, pillows, decorative accents, area rugs, wall coverings, and home and garden furnishings.